07054 rental market

What is the average rent in 07054?

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Last updated October 31, 2025

Rental market summary

The average rent for all bedrooms and all property types in 07054 is $2,742.

Average rent

$2,742

Month-over-month change

-$500

Year-over-year change

+$242

Available rentals

33

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,674 to $5,500.

Rent frequencies
Rent priceNumber of rental properties
$1,8002
$1,9004
$2,0003
$2,1002
$2,2003
$2,3003
$2,4001
$2,7002
$2,8001
$2,9001
$3,1001
$3,2001
$3,4001
$3,5002
$3,6001
$3,8001
$3,9004
$4,0003
$4,1003
$4,2002
$4,4001
$4,5001
$5,000+1

Average rent price over time

In the last year, rent has increased by $242 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,210$2,445
Feb$2,090$2,807
Mar$2,049$2,850
Apr$2,004$2,750
May$2,065$2,369
Jun$2,224$3,448
Jul$2,165$2,947
Aug$2,194$3,150
Sep$2,367$3,200
Oct$2,435$3,243
Nov$2,500No data
Dec$2,600No data

Market temperature

The 07054 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 07054 is 37% higher than the national average.

07054vs.

$2,742

$2,000

Rent in 07054

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Frequently asked questions

1. What is the average rent in 07054?

The average rent in 07054 is $2,742.

2. What is the average rent for a studio apartment in 07054?

The average rent for a studio apartment in 07054 is $2,267 per month.

3. What is the average rent for a one-bedroom apartment in 07054?

The average rent for a one-bedroom apartment in 07054 is $2,029 per month.

4. What is the average rent for a two-bedroom apartment in 07054?

The average rent for a two-bedroom apartment in 07054 is $2,785 per month.

5. What is the average rent for a three-bedroom apartment in 07054?

The average rent for a three-bedroom apartment in 07054 is $3,600 per month.

6. What is the average rent for a four-bedroom apartment in 07054?

The average rent for a four-bedroom apartment in 07054 is $4,100 per month.

7. How much does it cost to rent a house in 07054?

Houses in 07054 rent between $1,674 - $5,500 with an average rent of $2,742.

8. How has the rent in 07054 changed in the last year?

In the last year, the rent in 07054 increased by $242

9. How much has the rent in 07054 increased/decreased in the last month?

In the last month, the rent in 07054 decreased by $500

10. How many available rentals are there in 07054?

There are currently 33 rentals available in 07054.

11. How do rent prices in 07054 compare with the national average?

The average rent in 07054 is $2,742 — 37.1% higher the national average of $2,000.